London challenger bank Revolut is launching Savings Vault to provide Revolut Metal customers with a savings product that offers a 0.7% interest rate to help people reach their financial goals, according to a press release emailed to PYMNTS on Monday (Jan. 17). Get the Full...
As earnings season gets underway, a trio of big bank earnings points to variations on some themes: Consumers are still spending, loan losses seem manageable … and technology underpins it all (and the banks will have to keep spending on tech to keep apace with...
The regulatory path forward for FinTechs seeking to offer banking services on a national scale may have gotten a bit clearer, but it hardly seems shorter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Serving digital-first banking clients means meeting them where they are, whether they reach out online or want to talk finances over a glass of wine at an in-branch cellar. In the Digital-First Banking Tracker, Silicon Valley Bank’s Milton Santiago explains how cross-channel access to personalized...
Big U.S. bank bosses have been optimistic about the economic outlook as of this past week, but investors have been skeptical of the growth outlook, Reuters reported Friday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The honeymoon may be over when it comes to big banks and the pandemic economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Citi has closed a $3.7 billion deal to sell its consumer banks in Indonesia, Malaysia, Thailand and Vietnam to Singapore’s United Overseas Bank (UOB), including retail banking and credit cards but excluding Citi’s institutional businesses, according to a Thursday (Jan. 13) press release. Get the...
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FNB has debuted a new digital program for loans and deposit products for physicians, dentists, veterinarians and other health professionals, the company announced Thursday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...